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The Xpeng P7+ is unveiled at the Paris Auto Show on Monday. Photo: Reuters

Xpeng’s AI-driven P7+ challenges Tesla, eyes China’s autonomous driving market

The EV maker launched the presale of the P7+ from 209,800 yuan (US$29,500), 10 per cent cheaper than the base model of Tesla Model 3.

Xpeng banks on Eagle Eye to enhance autonomous driving in new P7+ sedan

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Opinion | What truly drives China’s breakneck innovation (it’s not subsidies)

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5 Chinese EV makers set monthly sales records as discounts draw buyers

BYD, Li Auto, Xpeng, Zeekr and Leapmotor posted new monthly delivery records in September as new models and promotions proved enticing.

Employees work on an EV production line at a Leapmotor factory in Jinhua, in China’s eastern Zhejiang province, on September 18, 2024. Photo: AFP

Opinion | How Chinese EV makers can survive and thrive in Europe

China can produce affordable EVs for the world if executives adapt their management practices to fit with European cultural norms and regulations.

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Fiat, Jeep owner Stellantis’ CEO follows Chinese path to shun EV tariff ‘trap’

Carlos Tavares, CEO of Stellantis, a major investor of EV maker Leapmotor, said the best way to compete is to ‘try to be Chinese ourselves’.

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Tesla vs China: who is the winner in self-driving technology?

China’s EV makers are intensifying efforts in autonomous driving technology, with L3 systems expected in one million cars by 2026 despite regulatory hurdles.

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A self-driving taxi is seen operating in Daxing district in Beijing in August. Photo: EPA-EFE

‘Forced to sell’ at low prices, China’s car dealers see losses pile up: report

Weak consumer demand and unsold inventories are piling on the losses for dealerships across the country, industry association says.

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Make Chinese cars in Russia, industry group urges manufacturers as costs mount

‘In a few years, imported cars will become a rarity’ in Russia, says chairman of Russia-Asia Union of Industrialists and Entrepreneurs.

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Chinese premium EV maker Xpeng adds Qatar to export list

Firm is one of several stepping up international expansion efforts as ferocious domestic competition continues to ravage profit margins.

Workers check an Xpeng can at a plant in Zhaoqing, in southeast China’s Guangdong province, on October 09, 2023. Photo: Xinhua

China’s EV makers feel crunch as high R&D costs collide with discount pressure

More than 50 new models could hit the market this year, but relentless discounting is devouring profit margins, spelling doom for some firms.

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A photo taken on March 25, 2024, shows cars on an assembly line at a Xiaomi plant in Beijing. Photo: Xinhua

Will Tesla’s FSD delay give Xpeng the edge in autonomous driving?

The US carmaker is expected to roll out the FSD system on the mainland in the first quarter of 2025, compared with previous expectations of end-2024.

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China EVs: Leapmotor, Xpeng set the pace in August, while Li Auto and Nio stumble

Stellantis-backed Leapmotor hit record sales last month, while others like Li Auto and Nio struggle amid fierce competition and price war.

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China’s EV makers scramble for EU tariff deal, with price floor on the table

Chinese carmakers offering to set minimum prices and volume limits, but insiders say proposals are unlikely to convince Brussels.

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The EU has complained that cheap, exported Chinese vehicles threaten the future of the European car industry. Photo: AFP

Video | Xpeng launches budget EV models for under US$17,000

The models are equipped with preliminary autonomous driving systems.

The models are equipped with preliminary autonomous driving systems.

Xpeng’s keenly priced Mona 03 EV is targeted at market leader BYD

The M03 ­compact sedan, which is equipped with an advanced driving assistance system and has a range of 515km, starts from 119,800 yuan (US$16,812).

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Xpeng aims to make EVs in Europe to blunt impact of import tariffs

Establishing a manufacturing footprint in Europe would see Xpeng join the growing ranks of Chinese EV makers looking to build out production in the region to minimise the impact of the European Union’s tariffs.

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China’s EV makers sell more vehicles at bigger losses in discount war

EVs account for more than half of new car sales in mainland China, but brands including Xpeng, Zeekr, Leapmotor and Xiaomi face a long road to profitability.

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EVs take shape on a production line of Chery Automobile in Wuhu, Anhui province, China, on July 29, 2024. Photo: Reuters

Chinese EV maker Zeekr posts record revenue, challenges market leaders

The Geely-controlled company’s revenue jumped 36 per cent and its deliveries shot up 65.8 per cent in the second quarter as it lured buyers away from rivals Xpeng, Nio and Tesla.

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Chinese EV maker Xpeng forecasts minimum 35% jump in sales

The Guangzhou-based company, reporting a narrower loss for the second quarter amid 25 per cent revenue growth, cited investments in technology for its bullish outlook.

Here’s why tiny Hong Kong is so important for China’s EV producers

Carmakers are turning to Hong Kong as buyers shed their disdain for made-in-China EVs, while companies use the opportunity to fine-tune their products that appeal to markets in Asia and elsewhere.

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Illustration: Lau Ka-kuen

Xpeng’s flying car affiliate AeroHT raises US$150 million for market lift-off

Start-up says fresh capital will help ‘realise mass production’ and ‘speed up the commercialisation process’ of its US$200,000 flying vehicle.

A staff member prepares an X2 flying car for a demonstration flight at the headquarters of Xpeng AeroHT in Guangzhou in south China’s Guangdong Province, on May 15, 2024. Photo: Xinhua

China’s EV sales cruise along, while price war pushes profits further off for most

Li Auto and Geely’s Zeekr turned in the strongest growth in July, while Xpeng and Nio delivered more modest increases.

Xpeng’s self-driving system rolls out to all mainland China cities

Xpeng’s X NGP software roll-out makes the company the first mainland carmaker to make a semi-autonomous driving system operational nationwide.

Xpeng sharpens its edge against Tesla with self-driving software release

The system, also dubbed the X NGP (Xpeng navigation guided pilot), is the carmaker’s answer to Tesla’s FSD software, which will not be tested in China until the end of 2024.

Drivers using Xpeng’s self-driving software are required by law to place their hands on the steering wheel to override the system during emergencies. Photo: Weibo

China’s Xpeng, Volkswagen further ties to develop new EV models, technologies

Volkswagen Group strengthens ties with Xpeng with a deal to develop systems that enhance intelligent driving abilities.

Xpeng’s electric vehicle (EV) G9 is seen displayed at the Xpeng booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. Volkswagen Group has extended its collaboration with Chinese electric vehicle Xpeng to develop systems that enhance intelligent driving abilities. Photo: Reuters

China’s Xpeng to launch right-hand drive EV in Hong Kong in the fourth quarter

Chinese EV maker Xpeng will roll-out a right-hand drive version of its 7-seater multipurpose vehicle for the Hong Kong market in the fourth quarter.

Xpeng’s AeroHT affiliate to price first flying car at US$200,000

The company expects to begin deliveries at the end of next year and aims to sell 5,000 units, as China’s low-altitude economy takes flight.

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Xpeng
Xpeng is a leading Chinese maker of electric vehicles. The company is considered the most tech-centric of the country's premium EV makers. It counts Alibaba Group, which owns the South China Morning Post, among its backers.
Chairman / President
He Xiaopeng
CEO / Managing Director
Wang Fengying
CFO / Finance Director
Wu Jiaming
Industry
Automobile
Website
xiaopeng.com
Headquarters address
No. 8 Song Gang Street, Tianhe District, Guangzhou, Guangdong Province, China
Stock Code
NYSE:XPEV
SEHK:9868
Year founded
2014
last updated:
30 September, 2024
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